Author Archives: Jim Sutliff

Gingrich Takes South Carolina –

Newt Gingrich won the South Carolina primary and has the lead in delegates for the Republican Presidential nomination.  Gingrich finished with 40% of the vote and gained momentum heading into Florida.  Romney came in second with 27% and Santorum finished in third … Continue reading

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Perry Endorses Gingrich –

Rick Perry suspended his Presidential campaign and endorsed Republican Newt Gingrich.  Perry has been lagging in the polls and his endorsement could propel Gingrich to win the South Carolina primary.  A Gingrich win in South Carolina should provide his campaign with … Continue reading

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Trade Deficit Increases –

According to the Commerce Department, the U.S. trade deficit increased by 10.4% to 47.8 billion in November.  The increase was larger than economists had expected and was the widest trade deficit since June.  Petroleum products accounted for a significant amount of the increase in … Continue reading

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U.S. Factory Output & Jobs Improve –

The Institute of Supply Management’s factory index rose to 53.9 for the month of December.  The increase marked the fastest that U.S. manufacturing has expanded in the last 6 months.  The jobs report also showed gains for the month of December.  … Continue reading

Posted in Administrative, Business, Economy, Federal Reserve, General, Infrastructure, Regulatory, Treasury | Leave a comment

Santorum & Romney Tie In Iowa –

Rick Santorum and Mitt Romney tied in the Iowa Caucus.  Santorum finished just 8 votes behind Romney and each candidate will receive 11 delegates.  Ron Paul came in third place and garnered 21% and 3 delegates.  Newt Gingrich finished fourth with 13% and will … Continue reading

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Iowa Caucus –

Republicans in Iowa head to caucuses around the state today to cast their votes in the 2012 Presidential race.  Recent polling data indicates that Mitt Romney has a slight lead over Ron Paul.  Rick Santorum has placed third in numerous polls … Continue reading

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Democrat Ben Nelson To Retire –

Nebraska Senator Ben Nelson announced that he would not run for another term.  Democrats are trying to recruit former Senator Bob Kerrey as a candidate.  The retirement is likely to move another seat to the Republicans.  Republicans are also likely to pick up … Continue reading

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House Set To Approve Payroll Tax Cut –

House Republicans are set to approve a two month extension of the payroll tax cut.  House Republican John Boehner has come to an agreement with Democratic Senator Harry Reid.  The agreement would extend the tax cut for two months and begin … Continue reading

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Italian GDP Contracts –

Italian third quarter Gross Domestic Product has fallen 0.2% from the second quarter.  This may mark the fifth recession for the Italian economy since 2001.  Although exports grew 1.6%, consumer spending declined 0.2% and investment contracted 0.6%.  In addition, Italy has taken steps … Continue reading

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Craig James Declares In Texas –

Former NFL running back and ESPN analyst Craig James declared that he will run for Senate in Texas.  James will join a crowded field running to fill the seat held by Republican Senator Kay Bailey Hutchison.  Craig James was also a football … Continue reading

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Euro Trades Lower –

The Euro fell below $1.30 in afternoon trading on Wednesday.  The Euro has not traded below $1.30 since mid-January of this year.  Traders are watching Standard & Poor’s for any indications of sovereign debt downgrades.  France is one of the … Continue reading

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Iowa Presidential Debate –

The Iowa Republican Presidential debate gave the candidates a chance to debate the issues.  The six Republican candidates only have four weeks to campaign before the January 3rd Iowa Caucus.  Currently, Gingrich is the front-runner and he drew fire from … Continue reading

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S & P May Downgrade Euro Nations –

Standard & Poor’s indicated that 15 Euro nations may face a downgrade of their debt.  Germany and France are two of the six Euro nations that could lose their AAA rating.  As a result, the Euro fell in afternoon trading. To … Continue reading

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Euro Zono Fiscal Policy –

The integration of fiscal policy is an important step for Euro zone countries in solving their debt crisis.  A recent plan would utilize bilateral agreements instead of changing European Union treaties.  Bilateral agreements could make implemention of fiscal policy changes faster than the time … Continue reading

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Spain Elections –

Elections in Spain signaled another shift in governments with the People’s Party winning 186 of the 350 seats.  The debt crisis is largely responsible for the results and the new government is expected to be fiscally conservative in their policy … Continue reading

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